idc-logo
svg rectangle color
City of MonashCommunity profile

City of Monash

Household income

In the City of Monash, 27.1% of households earned an income of $3,000 or more per week in 2021.

Households form the common 'economic unit' in our society. the City of Monash's Household Income is one of the most important indicators of socio-economic status. With other data sources, such as Qualifications and Occupation, it helps to reveal the economic opportunities and socio-economic status of the City of Monash. It is important to note that income data is not necessarily a measure of wealth. For example, if an area has a large number of retirees this will produce a higher proportion of households with low income but the retirees may have large capital wealth. For this reason, household income should be viewed in conjunction with Age and Household Composition.

The incomes presented on this page are for the latest Census year only. For comparison of incomes over time, go to Household Income Quartiles.

Learn more about the characteristics of low-income households here.

Q:

Derived from the Census question:

'What is the total of all wages/salaries, government benefits, pensions, allowances and other income the person usually receives?'

Weekly household income
City of Monash - Total households (Enumerated)2021
Weekly incomeNumber%Greater Melbourne %
Neg/Nil Income2,0323.02.2
$1 - $1497041.00.7
$150 - $2999721.41.2
$300 - $3991,3522.02.0
$400 - $4993,3645.04.6
$500 - $6492,2713.43.4
$650 - $7993,3755.05.0
$800 - $9993,4855.25.4
$1,000 - $1,2494,2416.36.5
$1,250 - $1,4994,3596.57.0
$1,500 - $1,7493,4765.25.8
$1,750 - $1,9993,4345.15.6
$2,000 - $2,4997,12210.611.8
$2,500 - $2,999 4,8807.27.6
$3,000 - $3,4994,7087.06.8
$3,500 - $3,9993,0724.64.3
$4,000 - $4,4991,8502.72.4
$4,500 - $4,9993,2674.84.6
$5,000 - $5,9992,5223.73.2
$6,000 - $7,9992,1813.22.9
$8,000 or more6501.01.0
Not stated4,0786.16.0
Total households67,395100.0100.0
Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Compiled and presented in profile.id by .id (informed decisions).
Please refer to specific data notes for more information

Dominant groups

Analysis of household income levels in the City of Monash in 2021 compared to Greater Melbourne shows that there was a larger proportion of high income households (those earning $3,000 per week or more) and a higher proportion of low income households (those earning less than $800 per week).

Overall, 27.1% of the households earned a high income and 20.9% were low income households, compared with 25.3% and 19.0% respectively for Greater Melbourne.

The major difference between the household incomes of the City of Monash and Greater Melbourne is:

  • A smaller percentage of households who earned $2,000 - $2,499 (10.6% compared to 11.8%)

DISCLAIMER: While all due care has been taken to ensure that the content of this website is accurate and current, there may be errors or omissions in it and no legal responsibility is accepted for the information and opinions in this website.

Please view our Privacy Policy, Terms of use and Legal notices.

ABS Data and the copyright in the ABS Data remains the property of the Australian Bureau of Statistics. The copyright in the way .id has modified, transformed or reconfigured the ABS Data as published on this website remains the property of .id. ABS Data can be accessed from the Australian Bureau of Statistics at www.abs.gov.au. ABS data can be used under license - terms published on ABS website. intermediary.management@abs.gov.au if you have any queries or wish to distribute any ABS data.